05.06 – Identification of the account holder as a US citizen or resident

Where the indicia found indicates that the account holder is a US citizen or resident by birth, the account needs to be reported unless the Financial Institution obtains or currently maintains a record of all of the following:

  • a self certification showing that the account holder is neither a US citizen nor a US resident for tax purposes, and
  • evidence of the account holder’s citizenship or nationality in a country other than the US (for example passport or other government-issued identification).